If you were lucky enough to find one, send it to Mehl and a handsome check would come by return mail! One and all examples had eluded his grasp! It is uncertain how the 1913 nickels came to be made. Afterward, the Green estate was handled by the Chase National Bank of New York City. It is said that all over America, streetcars slowed down and schedules were missed as conductors looked through incoming nickels hoping to find a prized 1913 Liberty Head! I volunteered to write an in-depth history of it, but Kelly was in charge, and long historical descriptions, never mind that they might have been interesting to read, were not his cup of tea. Fill Out a Contact Form and We'll Contact You Later, Everything You Need To Know About Coin Grading. Early in that year it was decided to replace the familiar Liberty Head nickel, in circulation since 1883, with a new design, popularly called the “Buffalo” nickel, featuring on the obverse an Indian or Native American, and on the reverse a buffalo (more properly a bison in terms of zoology). An offer of $500 each was made for two, but all five had to be purchased, so $333.33 each was suggested for the others, bringing the total price to $2,000.00. The fame of the piece grew. Facts are sketchy on the minting of the 1913 Liberty Head Nickel. Horse-drawn carriages ruled the roads—and in New York City they also reigned supreme on the just-completed Brooklyn Bridge. There were few clues to be had, as none had ever sold openly on the market. The Eliasberg specimen is the finest known 1913 Liberty Head nickel. These five-cent pieces were minted for circulation by the U.S. Mint from 1883 to 1913. An account of Green and the 1913 Liberty Head nickel appears in my 1979 book, Adventures With Rare Coins, in case you might want to locate a copy (it has been out of print for years). This coin disappeared from view for a while, then in 2003 was exhibited at the ANA Convention by his heirs, surprising and delighting all who had a chance to see it. It is my studied opinion that the owner, at least in part, was Stephen K. Nagy, Philadelphia dealer and son-in-law of old-time professional numismatist John W. Haseltine. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. McDermott, of Milwaukee, Wisconsin, a coin dealer who in essence built his life around this 1913 Liberty Head nickel, in the 1950s carrying it as pocket change, to pull out at a restaurant or bar to proudly display, stating it was worth a small fortune. It could almost be called, to coin a new phrase, a “Hoboed 1913 V Nickel” since the zero has been carved into a 3. All rights reserved. Green, eccentric son of millionairess Hetty Green, popularly known as the “Witch of Wall Street.” After his mother passed away, Col. Green, as he became known, released all inhibitions and … Password Through agent George Blake such sheets were acquired by contacting the cashiers of the banks that received them. Only 5 Liberty Head V Nickels were minted in 1913 and production was unauthorized by the mint. • Claiming there were six-known specimens of the 1913 Liberty Head nickel, coin dealer John F. LeBlanc was credited, in the Boston Globe, as the one who would likely put a stop to the “widespread ransacking of pocketbooks” looking for 1913 rarities. Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The 1913 Liberty Head Nickel is one of the most prized and valuable coins ever produced. He went to his local friend, coin dealer Burdette G. Johnson, and sought advice and financing. Type: Liberty Head V Nickel Year: 1913 Mint Mark: No mint mark Face Value: 0.05 USD Total Produced: 0 [ Silver Content: 0% Numismatic Value: $3428950 to $4408650.00 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $3428950, while one in certified mint state (MS+) condition could bring as much as $4,408,650 at … How do we know this? No collection like this had been assembled before, and none like it will ever be formed again. A grass roots interest had arisen, along with other hobbies (such as jigsaw puzzles, miniature golf, crossword puzzles, and attending movies), and all was well. Various people in the Treasury Department, including at the Mint, received The Numismatist and no doubt saw the listings. This is part of a large and interesting file I have compiled on this rarity, a confidential copy (not for publication) of which will be given to the successful bidder for the Eliasberg/Legend nickel in our January 2007 auction. However, very early in the year 1913, or late in 1912, when dies had been prepared for a 1913-dated Liberty Head nickel, perhaps anticipating a large coinage that never materialized, a handful of pieces, believed to be just five, were struck. No Liberty nickels were made of that date officially, but some years later collectors were stunned to learn that five 1913 examples had surfaced—all of them apparently made on the sly by someone at the Philadelphia Mint. Hide However, an authentic 1913 Liberty Nickel would not be worn since they never entered circulation and there’s only five known to exist. 1913 1938 buffalo nickel starter collection w/27 coins new album. The year 1913 was when the old Liberty head or “V” design was replaced by the new Buffalo design — no Liberty nickels with a 1913 date were supposed to be produced. It is believed that five specimens were struck at the U.S. Mint in Philadelphia sometime between the Summer of 1912 and early February of 1913. The circumstances were not recorded, and the mystery of the 1913 Liberty Head nickel began! In January 1920 he raised the ante to $600. united states nickel 1913 a34 769. liberty head 5 cent victory nickel 1883 1913 random year. In 1913 the Liberty Head design gave way to the Indian Head/Buffalo type. 1883 liberty v nickle no cents 1883 1913 . The V-Nickel, sometimes referred to as the Liberty Head Nickel, gets its V-Nickel name from the coins reverse design. Times were difficult in the Depression years of 1930s, and the term, “Brother, can you spare a dime?” had true meaning. The Brown advertisements were successful and attracted wide notice. REGISTRY OF SPECIMENS: The five 1913 Liberty Head nickels, representing the total number believed to have been struck, were in the possession of Samuel W. Brown by 1920. Not even the most experienced collectors and dealers had ever seen such pieces before! As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. Error message here! During the same era George T. Morgan (of “Morgan dollar” fame) was assistant engraver, and from time to time he made special Proofs and other pieces for numismatists (including Ambrose Swasey). As the years passed, the five 1913 Liberty Head nickels went from here to there, always highly prized. What were they worth? Only 5 Proof specimens are known to exist. Over a period of time several shipments of coins and paper money were quietly purchased from the Green estate. Mehl handled many great rarities, including the famous 1804 silver dollar, fondly called “The King of American Coins.” However, try as he might, he had never been able to buy a 1913 Liberty Head nickel! It was not particularly unusual for insiders at the Mint to acquire “special pieces,” and elsewhere it is recorded that a few years later in 1916, Secretary of the Treasury William G. McAdoo obtained a group of pattern silver coins of that year. The Liberty Head nickel, sometimes referred to as the V nickel because of its reverse (or tails) design, is an American five-cent piece.It was struck for circulation from 1883 until 1912, with at least five pieces being surreptitiously struck dated 1913. In any event, when the nickels first became known to the collecting community, it was Brown who had them. Col. Green’s 1913 Liberty Head nickels were a prized possession, and they remained with him until he died in 1936. Today, the same group would be worth on the far side of $15 million to be sure, perhaps even far more! In 1996, numismatic history was made as Jay Parino paid over 1 million dollars for the Eliasberg specimen of the 1913 liberty nickel. In January 1924 August Wagner, a Philadelphia coin dealer, advertised the five for sale. Eric Newman’s inquiry concerning the Green estate arrived at the right time, and the response he received was startling: No, the single St. Louis bill was not for sale by itself, but a group of bills, including the St. Louis note, could be purchased! If anything, the Mehl advertising served to solidify the thought that only five were minted—for, surely, if more had been “out there,” they would have been found! At the same time, the hobby of coin collecting was alive and well, never mind that great rarities might have been selling for reduced prices. First and foremost, the 1913 Liberty Head nickel was in the limelight. The fifth example of the 1913 Liberty Head nickel passed through several hands and became the property of George O. Walton, a North Carolina collector whose holdings, except this nickel, were auctioned by Stack’s a half century ago. However, some nickels were struck dated 1913 using the previous year's design of a symbolic "Miss Liberty." This field is for validation purposes and should be left unchanged. By this time, just about every aware person in the United States of America knew that the 1913 Liberty Head nickel was the great rarity! As circumstances would have it, in St. Louis young Eric P. Newman, a numismatist and up-and-coming lawyer, desired to buy a piece of St. Louis currency from the Green estate, and wrote to inquire. It was the tail end of the Depression, and rarities were not in as much demand as they had been in the Roaring ’20s, but still, this was an amazing opportunity. Olsen-Hydeman specimen. Mehl was an enterprising sort of man, and along with buying, selling, and auctioning great collections, he also published a popular guide, the Star Rare Coin Encyclopedia. No Denver Mint nickels were made using silver for this year. After Farouk was ousted from the throne in 1952 by a military junta, his holdings were put up for sale. The Buffalo Nickel was the successor of the Liberty Nickel, which had been minted for circulation from 1883 to 1912. The 1913 Liberty Head nickels are some of the most valuable and rarest US coins in existence with each one worth many millions of dollars. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. 1943 271,165,000 15,294,000 104,060,000 1943-P includes the 3 over 2, and doubled eye varieties. In 1967 this specimen was consigned by his widow, Beth, to the Paramount International Coin Corporation of Englewood, Ohio. Richard Ponterio His 1913 Liberty Head nickel became a key attraction in the collection of Ambassador and Mrs. R. Henry Norweb of Cleveland. Perhaps the most active of all rare coin dealers was B. Max Mehl, who held forth in business from an elaborate office in his own Mehl Building on Magnolia Avenue in Fort Worth, Texas. 1944 119,150,000 32,309,000 It thus became a showpiece in the greatest collection of United States coins ever formed—a cabinet complete with every date and mintmark from the 1793 half cent to the 1933 double eagle. No Liberty nickels were made that year officially, but years later collectors were stunned to learn that five 1913 examples had surfaced, all of them apparently made on the sly by someone at the Philadelphia Mint. Finally, he was persuaded to put it into a small plastic holder, which he did, by which time the piece had become somewhat worn. 1942 57,900,000 32,900,000 Silver variety, from 1942 to 1945 nickels were made using 35% silver. Recent sales of a 1913 Liberty Head nickel were in April 2013 for more than $3.1 million and for $4.5 million at auction in August 2018. Richard, with 45 years of experience, handles ancient and world coins as well as foreign banknotes. The Liberty head design was used between 1883 and 1913, when it was replaced by the Indian Head (Buffalo) design. No San Francisco Mint nickels were made using nickel for this year. Another piece went to J.V. One landed in the collection of King Farouk of Cairo, Egypt. This quest became a nationwide passion! In the world of coin collecting today, one of the most sought after of rare coins is the 1913 Liberty Head Nickel. In 1977 I did the appraisal of the coin, then valued well into six figures, after which I facilitated its donation to the National Numismatic Collection in the Smithsonian Institution, where it remains as a centerpiece today. For circulation by the Indian Head/Buffalo type minting of the five for sale ever sold openly the... 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